Slender surplus hangs in balance

By Phillip Coorey
Updated October 23 2012 - 9:08am, first published 8:17am
Swings and roundabouts ... Bethany Hall, 4, in Enmore yesterday, as the Treasurer, Wayne Swan, handed down the midyear budget update in Canberra.
Swings and roundabouts ... Bethany Hall, 4, in Enmore yesterday, as the Treasurer, Wayne Swan, handed down the midyear budget update in Canberra.

THE federal government is prepared to jettison its promise to return the budget to surplus this financial year rather than make further harsh cuts should economic conditions continue to deteriorate, it has been revealed.

Subscribe now for unlimited access.

$0/

(min cost $0)

or signup to continue reading

See subscription options

Get the latest Stawell news in your inbox

Sign up for our newsletter to stay up to date.

We care about the protection of your data. Read our Privacy Policy.